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Home»Business»Elon Musk puts everything on the line in hostile takeover attempt of Twitter: Tucker Carlson
Business

Elon Musk puts everything on the line in hostile takeover attempt of Twitter: Tucker Carlson

FrankBy FrankApril 16, 2022
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elon musk buy twitter

Fox News host gives his take on Elon Musk’s offer to buy Twitter on ‘Tucker Carlson Tonight.‘

WATCH:

As of now, Elon Musk rejected a seat on the board of Twitter after buying nearly 10% of Twitter shares, making him the largest stakeholder of the company.

Then, Elon Musk offered to buy Twitter outright with a massive offer.

Musk made a statement about his offer to buy Twitter, saying: “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.

Twitter has extraordinary potential. I will unlock it.”

Other people connected to Twitter may not approve of Elon Musk buying the company and possibly taking the social media platform to a private status.

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